IA Magazine

How the Hard Market and Talent Shortages Compound Agency E&O Exposures

Agency errors & omissions coverage has been impacted by the hard market, with premiums increasing over the past few years, as well as the difficulty in finding new employees.

Posted: Jan 07, 2024

Coalition’s Executive Risks Insurance Available on Surplus Lines Paper

Products offered on surplus lines paper provides coverage to a broader range of industries, including health care, education, private equity (PE) and venture-backed portfolio companies, nonprofit organizations, and more.

Posted: Jan 07, 2024

3 Important Tips Agents Can Provide Special Events Clients

A customizable insurance product gives independent agents the ability to craft a special events package that will meet their clients' needs, whether it is for a large complex event or a smaller, less expensive event.

Posted: Jan 07, 2024

Top 5 Most-Read Articles in Independent Agent in December

While bringing you critical “Home Alone" holiday movie analysis, our December articles delved into the concerns of the hard market and the troubled personal auto environment.

Posted: Jan 03, 2024

InsurPac Tops $1.3 Million in Record Fundraising Year

InsurPac, the Big “I” political action committee (PAC) and one of the largest small business PACs in the country, raised $1,318,024 during the 2023 calendar year.

Posted: Jan 03, 2024

Social Media Trends to Look Out For in 2024

Here are the emerging trends for the most popular social media platforms, and how you can leverage them to enhance your online presence.

Posted: Jan 02, 2024

How Agents Can Help Organizations Take Safety Steps To Mitigate Armed Intruder Risks

Half of Americans believe their house of worship, nonprofit, community group or school is not prepared for the possibiity of an armed intruder, highlighting the need for agents to help clients mitigate a sobering risk.

Posted: Jan 02, 2024

Meet Charles Symington, the New Big 'I' President & CEO

Charles Symington reflects on his first 100 days in office and outlines how the Big “I" can support members in the hard market and put them on a course toward growth and prosperity.

Posted: Jan 01, 2024

5 Trends Shaping the Independent Agency System

Charles Symington reflects on his first 100 days in office and outlines how the Big “I" can support members in the hard market and put them on a course toward growth and prosperity.

Posted: Jan 01, 2024

E&O, Territory Limitations and Stolen Truck Cargo

A U.S.-based trucking client's truck and cargo were stolen in Canada, but the carrier denied the claim due to a territorial exclusion. The loss happened "before the insured had a chance to read the policy."

Posted: Dec 28, 2023

New York Governor Vetoes Noncompete Agreement Ban

New York Gov. Kathy Hochul vetoed legislation that would have banned the use of noncompete agreements and potentially other forms of employment contracts in the Empire State.

Posted: Dec 27, 2023

Most-Read Online Articles in Independent Agent in 2023

2023 was a rough one for the property & casualty industry.

Posted: Dec 26, 2023

Challenges and Opportunities Owners Face When Selling an Agency

Being a seller in today’s mergers & acquisition market provides owners with a tremendous chance to cash in on their greatest financial asset.

Posted: Dec 26, 2023

Is 3rd Party Damage Due to Mechanical Failure Excluded from a PAP?

A client had car trouble and pulled into a private drive to investigate. The car leaked transmission fluid onto the driveway, but the carrier denied coverage for the damage.

Posted: Dec 21, 2023

It’s Time to Review Your Employee Handbook

Handbooks are legal documents, so you need to be sure that yours is compliant, up to date and matches your workplace practices.

Posted: Dec 19, 2023

Agency Leadership Lessons From ‘Toy Story’ Creator

Ed Catmull, cofounder of Pixar, recently shared three pillars of success that are foundational for business performance and longevity.

Posted: Dec 19, 2023

Home Alone: Would Homeowners Insurance Cover Kevin’s Damage?

Here’s what it would have cost the McCallisters to leave Kevin behind for Christmas in the 1990 holiday classic "Home Alone."

Posted: Dec 19, 2023

Aon to Buy NFP in Deal Worth $13.4 Billion

The acquisition will enhance Aon's presence in the large and fast-growing middle-market segment and add new capabilities to its arsenal.

Posted: Dec 19, 2023

Emergency Over? The Special Events Insurance Market in the Post-COVID-19 World

Since the federal COVID-19 public health emergency was declared officially over in May 2023, special events insurance coverage for small events, such as weddings, bar mitzvahs, and fun runs has returned to the way things used to be.

Posted: Dec 17, 2023

It’s Off-Roading Season—Do Your Customers Know They Need Coverage?

Snowmobiles, ATVs and other off-road vehicles get an uptick in sales in the fall and winter. Here are the top four mistakes customers make when thinking about insuring them.

Posted: Dec 17, 2023